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From: Marie Nolan <marie.nolan@researchandmarkets.com>
Date: Fri, 17 Mar 2023 13:42:43 +0000
Subject: DC Drives: Global Strategic Business Report to 2030
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=
href=3D"https://www.researchandmarkets.com/reports/4804555/dc-drives=
-global-strategic-business-report?utm_source=3DMC&utm_medium=3DEmail&u=
tm_code=3Dmzrucy4d2&utm_ss=3D24&utm_campaign=3D1828307+-+DC+Drives%3a+=
Global+Strategic+Business+Report+to+2030&utm_exec=3Drore169mtd" =
=
target=3D"_blank">DC Drives: Global Strategic Business Report to 2030=
</a></h1> <span style=3D"font-family: 'Helvetica',=
'Arial', sans-serif; font-weight: normal; line-height: 19px; font-siz=
e: 14px; "> <span style =3D "font-family: 'Helveti=
ca', 'Arial', sans-serif; font-weight: normal; line-height: 19px; font=
-size: 14px; " >Report</span><span style =3D "color: #F1C84F;" > | </s=
pan><span style =3D "font-family: 'Helvetica', 'Arial', sans-serif; fo=
nt-weight: normal; line-height: 19px; font-size: 14px; " >January 2023=
</span><span style =3D "color: #F1C84F;" > | </span><span style =3D "f=
ont-family: 'Helvetica', 'Arial', sans-serif; font-weight: normal; lin=
e-height: 19px; font-size: 14px; " >Region: Global</span><span style =3D=
"color: #F1C84F;" > | </span><span style =3D "font-family: 'Helvetica=
', 'Arial', sans-serif; font-weight: normal; line-height: 19px; font-s=
ize: 14px; " >260 Pages</span></span> =
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</table> <br />In th=
e changed post COVID-19 business landscape, the global market for DC D=
rives estimated at US$4.3 Billion in the year 2022, is projected to re=
ach a revised size of US$6.1 Billion by 2030, growing at a CAGR of 4.5=
% over the analysis period 2022-2030. <br /><br />Oil & Gas, one of th=
e segments analyzed in the report, is projected to record a 5.1% CAGR =
and reach US$1.8 Billion by the end of the analysis period. Taking int=
o account the ongoing post pandemic recovery, growth in the Water & Wa=
stewater segment is readjusted to a revised 5.3% CAGR for the next 8-y=
ear period.<br /><br />The DC Drives market in the U.S. is estimated a=
t US$808 Million in the year 2022. China, the world's second largest e=
conomy, is forecast to reach a projected market size of US$1.7 Billion=
by the year 2030 trailing a CAGR of 5.8% over the analysis period 202=
2 to 2030. <br /><br />Among the other noteworthy geographic markets a=
re Japan and Canada, each forecast to grow at 2.5% and 3.7% respective=
ly over the 2022-2030 period. Within Europe, Germany is forecast to gr=
ow at approximately 3% CAGR. Led by countries such as Australia, India=
, and South Korea, the market in Asia-Pacific is forecast to reach US$=
788.2 Million by the year 2030.<br /><br />Select Competitors (Total 3=
9 Featured) - - ABB Ltd.- Crompton Greaves Limited- Danfoss Group- Eme=
rson Electric Co.- Ge Power Conversion.- Hitachi- Mitsubishi Electric =
Corporation- Nidec Motor Corporation- Parker Hannifin Co.- Renown Elec=
tric Motors- Rockwell Automation- Schneider Electric SE- Siemens Ag- T=
oshiba International Corporation Ltd.<br /><br />What`s New for 2023?<=
br />- Special coverage on Russia-Ukraine war; global inflation; easin=
g of zero-Covid policy in China and its `bumpy` reopening; supply chai=
n disruptions, global trade tensions; and risk of recession.<br />- Gl=
obal competitiveness and key competitor percentage market shares<br />=
- Market presence across multiple geographies - Strong/Active/Niche/Tr=
ivial<br />- Online interactive peer-to-peer collaborative bespoke upd=
ates<br />- Access to digital archives and Research Platform<br />- Co=
mplimentary updates for one year<br /><br />Looking Ahead to 2023<br /=
>The global economy is at a critical crossroads with a number of inter=
locking challenges and crises running in parallel. The uncertainty aro=
und how Russia`s war on Ukraine will play out this year and the war`s =
role in creating global instability means that the trouble on the infl=
ation front is not over yet. Food and fuel inflation will remain a per=
sistent economic problem. <br /><br />Higher retail inflation will imp=
act consumer confidence and spending. As governments combat inflation =
by raising interest rates, new job creation will slowdown and impact e=
conomic activity and growth. Lower capital expenditure is in the offin=
g as companies go slow on investments, held back by inflation worries =
and weaker demand. With slower growth and high inflation, developed ma=
rkets seem primed to enter into a recession. <br /><br />Fears of new =
COVID outbreaks and China=E2=80=99s already uncertain post-pandemic pa=
th poses a real risk of the world experiencing more acute supply chain=
pain and manufacturing disruptions this year. Volatile financial mark=
ets, growing trade tensions, stricter regulatory environment and press=
ure to mainstream climate change into economic decisions will compound=
the complexity of challenges faced. Year 2023 is expected to be tough=
year for most markets, investors and consumers. Nevertheless, there i=
s always opportunity for businesses and their leaders who can chart a =
path forward with resilience and adaptability.<br /><br />Find out mor=
e:<br />
<a href=3D"https://www.researchandmarkets.com/reports/4804555/dc-drive=
s-global-strategic-business-report?utm_source=3DMC&utm_medium=3DEmail&=
utm_code=3Dmzrucy4d2&utm_ss=3D24&utm_campaign=3D1828307+-+DC+Drives%3a=
+Global+Strategic+Business+Report+to+2030&utm_exec=3Drore169mtd">DC Dr=
ives: Global Strategic Business Report to 2030</a><br /><br />It may b=
e possible to have this report customised. If you require any assistan=
ce or would like to discuss this further, please don=E2=80=99t hesitat=
e to contact me.<br /><br />Thank you for your consideration.<br /><br=
/>Best Regards,<br /><br />Marie Nolan<br />Senior Manager =
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